Should You Legalize or Sell Your Basement Suite? Real Talk on Calgary's Market & New Investor Mindsets | Real Estate Investing Canada | Alberta
Description
🎧 Should You Legalize or Sell Your Basement Suite? Real Talk on Calgary's Market & New Investor Mindsets
Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier
In today's episode, Wayne and Gabby tackle two big listener questions — starting with a Calgary homeowner wondering whether to legalize an illegal basement suite or sell the property in a shifting market. They break down what legalization really costs, when it actually adds value, and how to decide if selling makes sense.
Then, they shift gears to help a new investor from Vancouver who's just getting started — unpacking the fears, mindset shifts, and confidence needed to succeed in real estate.
🧠 What You'll Learn in This Episode
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Should you legalize or sell your basement suite?
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How to decide when the timing is right to sell a rental
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Calgary's current real estate and rental market trends
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What makes an illegal suite unsafe (and when buyers don't care)
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How to avoid emotional or impulsive real estate decisions
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The real mindset shift required before becoming an investor
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Dealing with fear, doubt, and spouse resistance to investing
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Why Wayne and Gabby refuse to play the "100 doors" game
👥 About Your Hosts
Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through their REI Masters Mentorship Program, they help Canadians build long-term wealth using rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies.
New episodes every weekday morning featuring real stories, coaching moments, and tactical investing advice.
💡 Resources & Contact
Learn about our Mentorship Program: www.reimasters.ca
Bookkeeping & tax help: www.finngo.com/rei
Submit a question: info@reimorningshow.com
🤝 Thanks to Our Sponsors
🏠 Krystal Kromm – Red Deer Investor-Focused Realtor
📞 (587) 377-8584
🔗 Facebook
🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team
🌐 calvinrealty.ca
🔗 Facebook
📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm
🌐 www.finngo.com/rei
🔗 Facebook
💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers
🌐 www.kbmortgages.ca
📧 keaton@kbmortgages.ca
🔗 Facebook
🏗️ Calvert Home Mortgage Investment Corporation
📞 403-278-0249
📧 info@chmic.ca
🆔 FSRAO License Numbers: 13267 and 13268.
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